The wait is over for the petrolheads who were looking forward to BMW’s 30th anniversary limited edition model of the M5, which the German company was planning to launch later in the year. Following a leaked image with details of the “30 Jahre M5” doing the rounds on the internet two days back, BMW has fully revealed the goodies that will be packed in the model.

Only 300 Jahre special units will be rolled out and they will have Individual Frozen Dark Silver paint with dark chrome accents. Another standout, which will separate the limited edition from the others, is its bi-color 20-inch alloy wheels that would run on 265/35 ZR20 front and 295/30 ZR20 rear tires. Yummy!

That’s just the tip of the iceberg. There is more, including interiors covered in a mix of Merino leather and Alcantara, with special anniversary badging and aluminum inserts.

Competition Package—which includes the 10mm lowered suspension, reprogrammed M Dynamic Mode for more grunt and stiffer anti-sway bars—comes as an option on regular M5s. It will come as standard in the 30 Jahre M5, powered by a V8 twin-turbo 4.4-liter engine with a new management system and increased charge pressure. That should ensure the special one packs a punch.

And punch through the air it will, especially since the Bavarian engineers have apparently been able to lift output of the engine by 40 PS (29 KW) and 20 Nm (15 lb-ft) for a grand total of 600 PS (441 kW) and 700 Nm (516 lb-ft). The whole car would weigh 1,870 kg (4,123 lbs), and the extra power will push the special M5 from 0 to 62 mph (100 km/h) in 3.9 seconds, things made smooth with the standard dual-clutch seven-speed DCT.

It is a clear 0.4 seconds faster than a regular M5 while the top speed is limited to 155 mph (250 km/h), which is a bit sad. But there is hope. The optional M Driver’s Package raises the electronic limiter to 190 mph (305 km/h). Woah!!!